Logo of Phnom Penh Post newspaper Phnom Penh Post - PPM ready to expand markets

PPM ready to expand markets

PPM ready to expand markets

PHARMACEUTICAL exporter Pharma Product Manufacturing of Cambodia (PPM) is aiming to expand the number of countries it exports to from 15 to 30, according to the company’s president, Hay Ly Eang.

PPM currently ships about 30 products, mainly to Vietnam and former French colonies in Africa, he said.

“I will sign contracts with dealers in another 20 countries,” Hay Ly Eang said. “Now we are waiting for the export licence from the ministry, which will take around four more months.”

Most of the new countries will be in North Africa, with French pharmaceuticals distributor CERP handling sales, Hay Ly Eang said, singling out Tunisia and Algeria as key markets.

The firm’s products – including anitbiotics and pain-relief tablets – have already been approved by health ministries in the target countries, meaning that an export licence from Cambodia are all that is needed.

PPM began exporting its products to Guinea-Conakry in 1997. Hay Ly Eang said growth was steady until 2006, at which point sales expanded noticeably, prompting him to aggressively target further export opportunities.

MOST VIEWED

  • US think tank warns of China's 'ulterior motives'

    A US think tank on Tuesday warned that spreading Chinese investment in the Indo-Pacific follows a pattern of leveraging geopolitical influence at the expense of the nations receiving investment, including Cambodia. The report looks at a sample of 15 Chinese port development projects, noting that the

  • More than three tonnes of ivory reportedly bound for Cambodia seized in Mozambique

    A total of 3.5 tonnes of ivory reportedly bound for Cambodia was seized by authorities in Mozambique late last week, according to the NGO Convention on International Trade in Endangered Species of Wild Fauna and Flora (CITES). CITES' information was based on a report from the

  • Shipwreck found off coast of Koh Kong

    Royal Cambodian Navy researchers are working to identify a decades-old shipwreck found earlier this month off the coast of Koh Kong province. Divers found the 70-metre-long wreck on April 4 about a mile from Koh Chhlam island, according to Navy officials. Deputy Navy Commander Tea Sokha,

  • Defence Ministry denies weapons in smuggling case came from Cambodia

    After a Thai national was arrested last week for allegedly smuggling guns from Cambodia to Thailand, Cambodia's Defence Ministry has claimed the weapons seized during the arrest are not used in Cambodia, despite the fact that both types of rifle seized are commonly found in